Sports Hike

SportsHike Brings You All Latest Sports News, Our Team Is Dedicated For Sports Follower, We Will Cover All Games such as Football, Cricket, Tennis, Badminton, WWE And Many Other Sports.

BCCI to be Apex Council and CAG to monitor BCCI accounts

BCCI to be Apex Council and CAG to monitor BCCI accounts- The Supreme Court recently ordered to establish BCCI as the Apex Council as per the suggestion from the Lodha Committee. As all the Working of the Committee and their power of working will be simpler and a powerful Apex council will be build up. In the coming 6 months the BCCI will work with Lodha panel to make it the council which will have a defined administrative framework. (Also Read: India vs West Indies Live Streaming)




According to the new plan there will be 9 Councillors which will be made through Bearers Rule 6 while 4 will be made in different ways like one who will be elected by BCCI members among the representatives. 2 will be made by the players association which will consist of 1 male and 1 female. And the last not the least will be nominated by the Comptroller and Auditor General of India (CAG) by the senior level. These 9 Councillors will have a tenure of at least 3 months and will be responsible for there respective working of the board.

While the orders from the Supreme Court the New committee of the Board of Control for Cricket in India new Apex Body will Include a representative from CAG who will be the council member of the board with a tenure of 3 members at least who will maintain the financial Transparency from the board and its affiliates.

The member of CAG will not only be the representative of the Body who will deliberate the apex body but he will also take all the major decisions related to the Financial decisions to exercise  the body. He will over look the account maintained by the BCCI in the past too.

As CAG is not eligible for Auditing the private trusts accounts but due to the powers and orders from Supreme Court CAG will look over all the Auditing records and the governing of the council. They will also check the Auditors who are being appointed by BCCI to check are they Certified by the Chartered Accountants or not and will be same followed for Federal Audit Work and Public Projects.

The will be full power with the CAG representative to cross question regarding his matter in the council. While objections were made by BCCI during Supreme Court decision for including a CAG person in the council which will derecognize its affiliation from International Cricket Council for intervention of government in the accounts. While SC refused all these objections as it is focused on the transparency and objectivity purpose which is necessary for the effective management.

Updated: July 21, 2016 — 11:20 am

Leave a Reply

Your email address will not be published. Required fields are marked *

Sports Hike © 2017 Frontier Theme